End of preview

This is an unformatted preview. Sign up to view the full document

End of preview

Before Franklin D Roosevelt was elected president the government believed that liberalism was the liberty of unrestrained capitalism but to Franklin D Roosevelt the relationship between liberty and capitalism was different He believed unlike the previous relationship between liberty and capitalism that it was the governments responsibility to help the citizens overcome the great depression by putting them to work for a wage rather than having the citizens try to overcome it on their own while the capitalist are in charge This way the citizens will be able to experience true liberty by working for what they deserve rather than give the capitalist the power leaving the American citizens left outSome notable programs that supported this new idea of liberalism were the Civilian Conservative Corps CCC the Emergency Bank ActFederal Deposit Insurance Corporation FDIC the Federal Emergency Relief Administration FERA and the Social Security Act The CCC program was created to get unmarried men working in restoring forests beaches and parks Tugwell Though they were paid a small wage the got an even more beneficial outcome of the job such as independence and as a result of that build their self-esteem This program was successful because not only did it increase employment by providing these men with jobs but it also resulted in improved morale and physical condition KellerThe next program that supported the new idea of liberalism was the Emergency BankFederal Deposit Insurance Corporation FDIC This program was created to prevent bank failures Many people were taking more money out of the bank than they were putting money in them But at this time banks had no money to give to these people and as a result the citizens were afraid to trust the banks This is when Franklin D Roosevelt came up with the FDIC This program was to insure deposits up to 5000 After inspecting these banks some banks were reopened and people were once again making deposits This was successful because

@Kibin is a lifesaver for my essay right now!!

- Sandra Slivka, student @ UC Berkeley

Wow, this is the best essay help I've ever received!

- Camvu Pham, student @ U of M

If I'd known about @Kibin in college, I would have gotten much more sleep